National Bank 0/ Pakistan
NBP/SBoD/llfS March 30, 2022
The General Manager,
Pakistan Stock Exchange Limited, Stock Exchange Building,
Stock Exchange Road, Karachi.
Further to our letter dated March 08, 2022 regarding financial results for the year ended December 31, 2021 and letter No. HO / SBoD / 169 dated March 08, 2022 regarding Notice of 73rd Annual General Meeting (AGM), we have to inform that the recommended dividend @ Re 1 per share i.e., 10% was subject to the approvals of Federal Government under section 17 of the Banks (Nationalization) Act, 1974 and State Bank of Pakistan.
NBP has applied for the requisite approvals that are under process hence the dividend could not be declared in this AGM held on March 30, 2022. The matter will be placed before the shareholders in General Meeting once the said approvals are received.
(S. M.~Ali -zam~1 Secretary (Board
Secretary Board of Directors
NBP, 2nd Floor, Head Office, 1.1. Chundrigar Road, Karachi. Ph: 99220224 Fax: 99220239
National Bank of Pakistan published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 10:04:02 UTC.